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Lawrence's Comment Recap Consolidation at 50% previous week range as expected. Drifted back up to resistance Y-0. Closed the week at Y-0 and above midpoint. Outlook A complete week of bear flag is not ...READ MOREFor more information about this report please refer to the Market Bias Informant pageTrading day for Forex symbols start at around 5 pm ET depending on Daylight Saving Time scheduleREAD MORELawrence's Comment Recap Strength in gold helping to push this pair lower. Resistance at 1.08 was not even challenged. Y-1 resistance gave way to Y-2 target. Closed the week below Y-2 and ...READ MORELawrence's Comment Recap Sell formation not materialized. Breach of Y+1 earlier in the week points to breakout target of Y+2 and Y+3. That worked out well and closed the week at ...READ MOREUSDJPY Apr 21 to Apr 25 OutlookPrecog Vision – Forex 2021-10-27Intraday Cycle Projection (AUDUSD) 2013-12-243DP Odds Table (AUDUSD) 2023-05-02Intraday Cycle Projection (AUDUSD) 2013-05-29USDCAD Jun 30 to Jul 04 Outlook3DP Odds Table (AUDUSD) 2013-10-02USDCAD Apr 25 to Apr 29 OutlookGBPUSD Apr 11 to Apr 15 OutlookS&P 500 Nov 23 to Nov 27 Outlook
As Featured In
AUDUSD Mar 19 to Mar 23 Outlook
Lawrence’s Comment
Struggled at Y-1 and eventually break below but failed to tag Y-2. That set the stage to rally back to Y-0. Closed the week near Y-0 and week high.
Outlook
None of the major weekly target points are tagged, meaning the market is directionless. The reversal in later part of the week points to higher prices at B+2 if B-0 can act as support.
Not expecting a major move to materialize unless Loonie joins the party.
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